Rycon Shipping Private Limited

Provides comprehensive cargo handling and shipping services by land, sea, and air.

2012 | Visakhapatnam, Andhra Pradesh (India) | Active
Last Updated: December 12, 2024

Rycon Shipping Profile

Key Indicators

  • Authorised Capital ₹ 8.00 M
  • Paid Up Capital ₹ 5.50 M
  • Company Age 12 Year, 9 Months
  • Last Filing with ROC 31 Mar 2021
  • Open Charges ₹ 1.50 Cr
  • Revenue Growth %
  • Profit Growth 99.97%
  • Ebitda 99.32%
  • Net Worth -16.66%
  • Total Assets -42.15%

About Rycon Shipping

Rycon Shipping Private Limited (RSPL) is a Private Limited Indian Non-Government Company incorporated in India on 02 May 2012 and has a history of 12 years and nine months. Its registered office is in Visakhapatnam, Andhra Pradesh, India.

The Company is engaged in the Transport And Logistics Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2021. It's a company limited by shares with an authorized capital of Rs 8.00 M and a paid-up capital of Rs 5.50 M.

The company currently has active open charges totaling ₹1.50 Cr.

Thathayya Bhimarasetty and Malini Bhimarsetti serve as directors at the Company.

Company Details

  • Location

    Visakhapatnam, Andhra Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U74999AP2012PTC080675

  • Company No.

    080675

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    02 May 2012

  • Date of AGM

    30 Nov 2021

  • Date of Balance Sheet

    31 Mar 2021

  • Listing Status

    Unlisted

  • ROC Code

    Roc Vijayawada

Industry

Transport and Logistics

Who are the key members and board of directors at Rycon Shipping?

Executive Team (1)

NameDesignationAppointment DateStatus
Thathayya Bhimarasetty Country flag representing In Managing Director02-May-2012Current

Board Members (1)

NameDesignationAppointment DateStatus
Malini Bhimarsetti Country flag representing In Additional Director 27-Aug-2019Current

Financial Performance of Rycon Shipping.

Rycon Shipping Private Limited, for the financial year ended 2019, experienced no change in revenue, with a 0% increase. The company also saw a substantial improvement in profitability, with a 99.97% increase in profit. The company's net worth observed a substantial decline by a decrease of 16.66%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
Revenue from Operations
Total Assets
-42.15%
Profit or Loss
99.97%
Net Worth
-16.66%
EBITDA
99.32%

What is the Ownership and Shareholding Structure of Rycon Shipping?

In 2019, Rycon Shipping had a promoter holding of 81.82% and a public holding of 18.18%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹15.04 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Bajaj Finance Limited : 0.87 Cr
  • State Bank Of India : 0.63 Cr

Latest Charge Details

DateLenderAmountStatus
17 Mar 2013State Bank Of India₹6.30 MOpen
28 Aug 2012Bajaj Finance Limited₹1.56 MOpen
28 Aug 2012Bajaj Finance Limited₹2.08 MOpen
27 Jun 2012Bajaj Finance Limited₹5.10 MOpen

How Many Employees Work at Rycon Shipping?

Rycon Shipping has a workforce of 11 employees as of Apr 07, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Rycon Shipping, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Rycon Shipping's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Rycon Shipping

Recent activity within the organization

  • Annual General Meeting

    Rycon Shipping Private Limited last Annual general meeting of members was held on 30 Nov 2021 as per latest MCA records.

    30 Nov 2021

  • Balance Sheet

    Rycon Shipping Private Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Vijayawada.

    31 Mar 2021

  • Director Appointment

    Malini Devi Bhimarsetti was appointed as a Additional Director was appointed as a Additional Director on 27 Aug 2019 & has been associated with this company since 5 years 6 months .

    27 Aug 2019

  • Charges

    A charge with State Bank Of India amounted to Rs. 6.30 M with Charge ID 10418995 was registered on 17 Mar 2013.

    17 Mar 2013

  • Charges

    A charge with Bajaj Finance Limited amounted to Rs. 1.56 M with Charge ID 10375623 was registered on 28 Aug 2012.

    28 Aug 2012

  • Charges

    A charge with Bajaj Finance Limited amounted to Rs. 2.08 M with Charge ID 10377837 was registered on 28 Aug 2012.

    28 Aug 2012

Frequently asked questions

  • Rycon Shipping Private Limited was incorporated on 02 May 2012.

  • The authorized share capital of Rycon Shipping Private Limited is ₹ 8.00 M and paid-up capital is ₹ 5.50 M.

  • Currently 2 directors are associated with Rycon Shipping Private Limited.

    • Thathayya Naidu Bhimarasetty
    • Malini Devi Bhimarsetti
  • As per Ministry of Corporate Affairs (Mca), the registered address of Rycon Shipping Private Limited is D.No.46-21-4/1 1St Floor Sneha Building Nr. Hotel Dwaraka Inn Dondaparthi, India, Visakhapatnam, Andhra Pradesh, 530016.

  • The corporate identification number (CIN) of Rycon Shipping Private Limited is U74999AP2012PTC080675 and the company number is 080675 as per Ministry of Corporate Affairs (MCA).

  • As Per 2019 financial reports, 11 employees are currently employed by Rycon Shipping Private Limited.

  • The financial reports for the fiscal year 2019 indicates that The net worth of Rycon Shipping Private Limited has experienced an downturn of -16.66%.

  • As per the financial statements for fiscal Year 2019, The total open charges for Rycon Shipping Private Limited amount to ₹ 1.50 Cr.

  • The most recent Balance Sheet for Rycon Shipping Private Limited was filed with the ROC on 31 Mar 2021.

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